The Liberal Initiative (IL) has expressed concern regarding the absence of a solution for the future of Madeira's Free Trade Zone (ZFM) in the proposed State Budget for 2027. The party warns that this uncertainty could prevent the admission of new companies starting January 1st of next year.
Deputy Gonçalo Maia Camelo stated that the lack of decisions on the continuity of the tax benefits regime undermines investor confidence and jeopardizes the competitiveness of the regional economy. The IL advocates for the Republic's Government, in coordination with the Madeiran Executive, to urgently present a stable, transparent, and competitive fiscal framework.
The IL emphasizes that the Free Trade Zone is a strategic instrument for economic diversification and the creation of qualified employment. The party regrets that the new tax benefits regime remains unclear and believes that a potential block on new company entries would represent "another blow to the Region's growth and autonomy."